Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the impact of Net Zero policies on household energy bills.
Answered by Katie White
Continued over-reliance on volatile fossil fuels is a proven driver of high and unstable bills. That is why the government is driving forward with building record levels of renewables and nuclear, to get off the fossil fuel rollercoaster and ensure more stable energy costs and bills.
Families and businesses will see lower bills through the rollout of clean technologies like solar, batteries and, with the right tariff, heat pumps and electric vehicles. For example, installing solar could save households up to £500 a year and electric cars can reduce drivers’ running costs by up to £1,400 annually. In the short term, we have already taken action on bills, taking an average of £150 of costs off household bills at the Budget, with those decisions now factored into bills for the years to come.
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